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the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. washington's got a spending problem, not a revenue problem. >> tom: congress and the president have 24 days to reach a deal, before the fiscal cliff's tax hikes and spending cuts take effect. >> susie: mark zandi says "bad things will happen to the economy pretty fast" if lawmakers don't settle the fiscal cliff issue. he's chief economist of moody's analytics. so mark falling off the fiscal cliff means bad things. how bad? >> it could be quite bad, susie. i don't think it's if we get into ja
the top republican today accused president obama of, "slow walking", the economy to the edge of the cliff. he repeated his call for the president to send congress a plan that can pass both houses of congress. tax rates are the major sticking point. the president wants to raise them for america's highest earners, house republicans strongly oppose: >> instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the...
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Dec 8, 2012
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. >> susie: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on "n.b.r."! >> susie: the job market is proving to be surprisingly resilient. american employers hired 146,000 workers in november, much more than expected. and the unemployment rate fell to 7.7%, the lowest level since december of 2008. as erika miller reports, that wasn't the only surprise in today's report. >> reporter: almost no one on wall street saw this good news coming. there was every reason to think hiring would be weak last month. after all, many parts of the east coast are still recovering from devastation caused by superstorm sandy. >> i think the most likely explanation here is sandy's impact was significant but was so short-lived that it didn't extend to the sample period of the employment report which was the week that covered november 12. >> reporter: hiring was also supposed to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to start next year, why ar
. >> susie: and house speaker boehner accuses president obama of wasting another week in the fiscal cliff negotiations. >> tom: that and more tonight on "n.b.r."! >> susie: the job market is proving to be surprisingly resilient. american employers hired 146,000 workers in november, much more than expected. and the unemployment rate fell to 7.7%, the lowest level since december of 2008. as erika miller reports, that wasn't the only surprise in today's report. >>...
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Dec 6, 2012
12/12
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WBAL
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the past -- talked on the phone for the first time in days -- president obama and house speaker john boehner. it is raising new hopes for new negotiation -- they have been at a standstill since monday when the gop proposed raising revenues by closing tax loopholes, not by raising tax rates on the top earners as the president had demanded. this comes as a new poll suggests americans agree with the president. 40% want to that tax cuts expire for the wealthy. 32 percent say they should continue for everyone. more downsizing -- news from citigroup. they announce they are cutting 11,000 jobs worldwide. they're closing branches. a spokesperson says less than 1% of 3600 citibank employees in maryland will be laid off. one branch in the state will close in the glen burnie. a new annapolis fire department is getting over $200,000 in a grant from fino. congressmen -- fema. congressman judge sought -- john sarbanes said it will go to upgrading the fire station. some say fema is not that generous when it comes to aid for victims of superstore sandy. >> maryland woke up to this headline -- u.s. d
the past -- talked on the phone for the first time in days -- president obama and house speaker john boehner. it is raising new hopes for new negotiation -- they have been at a standstill since monday when the gop proposed raising revenues by closing tax loopholes, not by raising tax rates on the top earners as the president had demanded. this comes as a new poll suggests americans agree with the president. 40% want to that tax cuts expire for the wealthy. 32 percent say they should continue...
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Dec 10, 2012
12/12
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WBAL
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brian mooar with the latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate in the democrats' hands. >> since we agree with democrats, 98% of the american people and 80% of the bush tax cuts, to me i would get that off the table so they don't worry about it. >> reporter: democrats insist taxes are going up on the rich no matter what. >> if you don't increase tax rates on the highest 2% of income earners, you cannot generate enough revenue to have meaningful deficit reduction. >> reporter: republicans want big spending cuts to programs like medicare and says. >> we don't w
brian mooar with the latest on this story. >> reporter: president obama and house speaker john boehner were behind closed doors trying to break the tax and spending stalemate that threatens to take the country over the fiscal cliff in just over three weeks. meanwhile, one by one republicans are bowing to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> we don't have a lot of...
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Dec 6, 2012
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i'm older and have less energy and that makes it harder. >> tell us something about the obama white house. >> what does obama think of mitt romney? what does he really think? i think he feels romney is incompetent [inaudible] i suspect that one of the themes of the coverage of the campaign is that romney never found a way , either the method or the same of how to run against obama, whereas they thought he was going to be easy. >> what is the one thing you would like to know about president obama? >> i did ask him. i didn't put it in the book. he keeps a diary. so'd liketo ve access. [laughter] >> and decide -- i said you keep a diary craxi said yes, not on all this detail. let's see. so i'm sure he will write a really interesting memoir. >> what did he tell you about that? >> that it existed. no detail. he didn't offer any of it or read from it or anything like that. is it dictated? is it written? ronald reagan kept his diary. it was secret. and now they published all of reagan's diary. i mean, who would have thought? certainly obama much more a sense of history and literature and writing
i'm older and have less energy and that makes it harder. >> tell us something about the obama white house. >> what does obama think of mitt romney? what does he really think? i think he feels romney is incompetent [inaudible] i suspect that one of the themes of the coverage of the campaign is that romney never found a way , either the method or the same of how to run against obama, whereas they thought he was going to be easy. >> what is the one thing you would like to know...
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white house. president clinton had decided that he was ing to try to work with th republicans. he brought in a new chief of staff the name of erskine bowles, and in that has popped up again. and he immediately called me and said to my here to work with you and that enabled us to do al of things that i don't think the republicans today can get done with this obama white house. lou:and are you and i in agreement th the republicans are not innear sufficiently strong position, not with the lack of taent, there are ome quesonsabou that but because of the lack f power of the leaers in the house and the role of the housen this negotiation. >> i am not prepared to ay that. i go up to the capitol every week and meet with the republican leaders and lten to them as thy talked very openly about what tir views are d what they're trying to get done. and i cantell you tt they are a lot stronger than they have been presented by the conservative media. the interesting thng about the speaker is to o make you look c
white house. president clinton had decided that he was ing to try to work with th republicans. he brought in a new chief of staff the name of erskine bowles, and in that has popped up again. and he immediately called me and said to my here to work with you and that enabled us to do al of things that i don't think the republicans today can get done with this obama white house. lou:and are you and i in agreement th the republicans are not innear sufficiently strong position, not with the lack of...
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advisor for the obama administration until he announced that he was leaving to take a senior position at wells fargo that's the same wells fargo that was investigated and sued by the department of housing and urban development where ryan currently works wells fargo settled with hud for allegedly kicking people out of their homes without trying to offer them a refinance of their mortgage and doctored their paperwork clearly no hard feelings for a while so far though it has grown its mortgage unit significantly since the economic crisis and now makes up nearly a third of the whole mortgage market and that's according to inside mortgage finance before i was part of hyde he spent twenty six years of freddie mac. the housing behemoth that was taken over by the government to prevent its collapse in two thousand and eight when ryan moved to the agency while ryan takes a cushy new job at wells fargo taking as close government connections with him almost fourteen point nine million homeowners still owe more on their mortgage than their house is worth. over the revolving door in washington to p
advisor for the obama administration until he announced that he was leaving to take a senior position at wells fargo that's the same wells fargo that was investigated and sued by the department of housing and urban development where ryan currently works wells fargo settled with hud for allegedly kicking people out of their homes without trying to offer them a refinance of their mortgage and doctored their paperwork clearly no hard feelings for a while so far though it has grown its mortgage...
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the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president mohammed morsi. the street battles were the most violent since egypt's latest crisis erupted two weeks ago where morsi assumed near absolute power. the opposition is vowing more protests later today. >>> this morning, two australian radio hosts are apologizing for a prank call that's getting worldwide attention. it was made to the hospital where kate is being treated for acute morning sick sentencesness. anna bell roberts is with us. >> reporter: good morning, lynn. that's right. the latest on kate's condition is that she will remain in hospital. we're not quite sure for how much longer, but she is said t
the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president...
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all he needs is an hour and a room with both president obama and the house speaker. basically he would play a denim and check on them. he says if he can bri them to the right state of mind and thugh mental suggestion and mental conditioning that will start compromising. it's a trick of like to see. >> i love someone -- it's unmanly kind of love, but i love this guy the three and a half and on my show of force years ago, and he predicted the super bo victories. unwilling. melissa: before the game? >> before the game. he lost something up in my room and did not give in hawaiian. a ticket home with me. he predicted it. however embarrassing a think he's met hisatch year. to vote - folks inside the beltway don't think logically. that's what i don't think it'll work. >> i said bring the men. given the track. >> bring the man. they can actually find that compromise. >> of love to see him in there and now he would make sense. melissa: one that at a magician. we already have clouds in the next. beer is one of our listings. the whale carcass is running near celebrity homes in
all he needs is an hour and a room with both president obama and the house speaker. basically he would play a denim and check on them. he says if he can bri them to the right state of mind and thugh mental suggestion and mental conditioning that will start compromising. it's a trick of like to see. >> i love someone -- it's unmanly kind of love, but i love this guy the three and a half and on my show of force years ago, and he predicted the super bo victories. unwilling. melissa: before...
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Dec 11, 2012
12/12
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president obama. they just do. he is a beloved figure in almost every corner of the world. i would start with that. and secretary clinton they are highly respected, highly admired in every corner of the world and that helps. there's nothing wrong with that. number two, i would say american entrepreneurship and capitalism is still the model that people want. the third thing i'd say is the politics in the u.s. as seen from afar are ugly, are brutally ugly. and -- >> rose: they wonder why america can't deal with its problems and has gridlock in washington? >> i think people look at that and say this is a country that's so admired. why can't we do -- why can't people just compromise and get along and things like that. i would go beyond that to say the dollar is the reserve currency. every american benefits from that. every american. 300 million plus of us all benefit from the fact that we're the reserve currency. now, you know yoshgs default on your debt or you lose your debt ratings a few times, that's n
president obama. they just do. he is a beloved figure in almost every corner of the world. i would start with that. and secretary clinton they are highly respected, highly admired in every corner of the world and that helps. there's nothing wrong with that. number two, i would say american entrepreneurship and capitalism is still the model that people want. the third thing i'd say is the politics in the u.s. as seen from afar are ugly, are brutally ugly. and -- >> rose: they wonder why...
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Dec 8, 2012
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house speaker john boehner joins the lighting of the capitol christmas tree. this year's tree is from the colorado white river national forest. watch both ceremonies tonight at 8:00 p.m. eastern here on c- span. >> we have had these explosions of knowledge in medicine, but we have not coordinated care, and all the services that we had end up having so many cracks that the cracks are as harmful as the diseases that we are treating, and you have got to step back and ask, you know, "are we hurting people overall on a global level? what are we doing sometimes?" now we have these reports saying 30% of everything we do may not be necessary in health care. when we step back, 30% of the medications we prescribe, the tests we order, the procedures -- this is something, i think, which is for the first time really being called out as a problem. >> dysfunction in the u.s. health-care industry. dr. marty makary on what hospitals will not tell you, tonight it 10:00 -- at 10:00. >> the supreme court will look at what happened in 2008, and they will say that this precedent. a
house speaker john boehner joins the lighting of the capitol christmas tree. this year's tree is from the colorado white river national forest. watch both ceremonies tonight at 8:00 p.m. eastern here on c- span. >> we have had these explosions of knowledge in medicine, but we have not coordinated care, and all the services that we had end up having so many cracks that the cracks are as harmful as the diseases that we are treating, and you have got to step back and ask, you know, "are...
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Dec 10, 2012
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and meeting face-to-face, president obama and house speaker john boehner sit down for a one-on-one over the weekend. there are just three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happen
and meeting face-to-face, president obama and house speaker john boehner sit down for a one-on-one over the weekend. there are just three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps...
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by making this last minute announcement obama may have been in a jam where he was going to be there there's been frustration in the past by the failure to speak up for example earlier in wisconsin and so this is the situation he found himself in but certainly as we move into a second term under obama it's a good sign for labor that faced with this situation obama did choose to speak with some vigor about the issue while he found himself in michigan absolutely sunday josh just pointed out the in all probability the president himself you know when this trip was first planned had no idea that he was going to be walking into a right to right to work for less explosion in his face how much notice to the u.a.w. have of this. you know we were at the table with the governor because when things going to change didn't seem to go she had a way that the legislature labor community could work together and so we didn't have a lot of notice because the governor has always taken this position that he didn't believe in right to work he didn't want it is table so we continued to talk and came up with
by making this last minute announcement obama may have been in a jam where he was going to be there there's been frustration in the past by the failure to speak up for example earlier in wisconsin and so this is the situation he found himself in but certainly as we move into a second term under obama it's a good sign for labor that faced with this situation obama did choose to speak with some vigor about the issue while he found himself in michigan absolutely sunday josh just pointed out the in...
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Dec 5, 2012
12/12
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if obama could in the white house receive the petition and say, okay, go ahead. you're on your own. because the states, the various that have filed for these petitions, red states, tend to take in a lot more in government benefits than they pay in taxes. it would be very good -- >> you didn't name names in your one-eighth theory. but here are some names. ron paul, very recent congressman, national candidate for the presidency many times. he said secession is a deeply american, a deeply american principle. meanwhile, alan keyes, he wrote that while he doesn't think we've reached the point where secession is necessary necessarily, it remains a, quote, god endowed inalienable right. there you have people with educations, people with brains and a knowledge of american history, who come out and argue that this is something that should be put on the table. >> yeah. i guess brains and an education but still somehow profoundly ignorant, and they're emblematic of if not the ignorant people in the republican people, at least people who will pander to that ignorance. it's apiece of birtherism,
if obama could in the white house receive the petition and say, okay, go ahead. you're on your own. because the states, the various that have filed for these petitions, red states, tend to take in a lot more in government benefits than they pay in taxes. it would be very good -- >> you didn't name names in your one-eighth theory. but here are some names. ron paul, very recent congressman, national candidate for the presidency many times. he said secession is a deeply american, a deeply...
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Dec 5, 2012
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house, spending began to tick back up. and as we entered the obama years, mr. speaker, here is the largest deficit in american history recorded during the bush administration, this is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit recorded in the obama administration. we tip, that was the first time ever we run trillion dollar deficits, we continue to run trillion dollar deficits throughout that time. tax policy hasn't changed during that time. tax policy is exactly the same. you hear in the newspaper all the time, mr. speaker, the bush tax cuts. i don't know that that has meaning anymore. in 2001 and 2003 we did do some dramatic changes to tax policy. president obama extended all of those changes in 2010. that's the law of the land still today. tax policy has been exactly the same over this continuum. wh
house, spending began to tick back up. and as we entered the obama years, mr. speaker, here is the largest deficit in american history recorded during the bush administration, this is the annual deficit recorded in the obama administration. not twice as large than the largest deficit in american history. not three times as large as the largest deficit in american history. but almost four times larger than the previous largest annual deficit in american history was the first year deficit...
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Dec 10, 2012
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. >>> mum's the word after president obama and house speaker john boehner get together to discuss the fiscal
. >>> mum's the word after president obama and house speaker john boehner get together to discuss the fiscal
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a was striking today is that a republican who is on the house of representatives intelligence committee telling fox there is so much confusion three months after the attack and that if his mine raises even more questions about why the obama administration was so singular in its focus on the anti-islam video. >> this isn't a black and white issue. there is a lot moving parts here and the investigation continues so bear with us so we get it right. they focused in on the muslim video and that didn't make sense to me. that is when people get frustrated. >>reporter: others indicated there were real questions about the motivation, whether it was tied to the symbolic date of 9/11 anniversary or somehow still linked to the anti-islam video or whether it was inspired by the demonstrations early in the day in cairo. >>trace: what are we learning of the decision to close the annex? >>reporter: follow has learned the decision to close the c.i.a. annex, the c.i.a. operation in benghazi, was made early morning hours of september 12 about eight or nine hours after the first wave of the attacks hit the
a was striking today is that a republican who is on the house of representatives intelligence committee telling fox there is so much confusion three months after the attack and that if his mine raises even more questions about why the obama administration was so singular in its focus on the anti-islam video. >> this isn't a black and white issue. there is a lot moving parts here and the investigation continues so bear with us so we get it right. they focused in on the muslim video and...
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Dec 13, 2012
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the white house, president obama saying that the income tax rate for earnings over a quarter million dollars must go up. republicans saying no and accusing the president of not being specific about spending cuts and entitlement reforms, reform medicare, medicaid and social security. >> so let me ask you a question about this report that we're hearing that the obama administration might be looking at a republican to succeed the defense secretary, leon panetta. who is on that list at this point? >> reporter: yeah, that's right. this is former nebraska senator chuck hagel, a republican. so this is pretty interesting. we know, according to sources knowledgeable of the situation, that president obama and vice president joe biden have met with hagel and he's, of course, is someone who's familiar to the president. yes, he's a republican but some republican mace take issue with this nomination because in 2008 he actually sort of switched sides, if you will, a little bit and endorsed president obama. he also traveled with him to iraq and afghanistan. so they have that relationship as well as
the white house, president obama saying that the income tax rate for earnings over a quarter million dollars must go up. republicans saying no and accusing the president of not being specific about spending cuts and entitlement reforms, reform medicare, medicaid and social security. >> so let me ask you a question about this report that we're hearing that the obama administration might be looking at a republican to succeed the defense secretary, leon panetta. who is on that list at this...
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Dec 12, 2012
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president obama and house speaker john boehner spoke by phone tuesday. after exchanging new proposals, aides confirm the president gave boehner a revised offer on behind, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports suggest the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. which it hasn't done before. in an interview with abc news, the president says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off, american families will be much better off, f we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1, and i'm confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high-income individuals. >> and you can see president obama's full inter
president obama and house speaker john boehner spoke by phone tuesday. after exchanging new proposals, aides confirm the president gave boehner a revised offer on behind, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports suggest the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. which it hasn't done before. in...
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Dec 6, 2012
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a phone call between president obama and house speaker john boehner may be a positive sign in all of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had their cars fixed and you paid for it. lawmakers lost the perk of a free car about a year ago at least 37 of them deciding to buy the cars. that was an option. they have been using them when the state sold them. first they had all the cars repaired and maintained at state expense. $78,000 worth of work. >> as a taxpayer, you know, it's my money going to it so it's frustrating. >> doesn't sound fair. we work really hard for our money. >> we do. but a source in the legislature says the work was worth it. the state got more money when it sold the cars that were not bought by the lawmakers but had the repairs done. they got more money for those cars. so i guess it evens out. >>> same-sex marr
a phone call between president obama and house speaker john boehner may be a positive sign in all of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had their cars fixed and you paid for it. lawmakers lost the perk of a free car...
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but the white house this time around with president obama wants to simply issue an official white house photo to the press and to the public after it's all done. and this kind of indicates a patten of how this white house -- pattern of how this white house has behaved with the press. remember, the white house was editing press pools back during the election with vice president joe biden. so it's an indication of kind of a pattern of behavior repeating itself on the inauguration. but, you know, this is something the people did, they put president obama in office, and i think that they deserve to see what actually goes down and what happens historically from a body independent of the white house. megyn: this is, i mean, you know, the white house has received criticism, as you point out, for being a little too involved in some instances in trying to edit the press, but this is a wonderful moment for president obama. i mean, this is something he fought very hard for. it's -- what is the -- and i know that the presidential inauguration committee is saying, look, nothing's been decided yet, a
but the white house this time around with president obama wants to simply issue an official white house photo to the press and to the public after it's all done. and this kind of indicates a patten of how this white house -- pattern of how this white house has behaved with the press. remember, the white house was editing press pools back during the election with vice president joe biden. so it's an indication of kind of a pattern of behavior repeating itself on the inauguration. but, you know,...
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Dec 13, 2012
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according to news reports, president obama and house speaker boehner meeting to talk about the fiscal cliff. there is a stalemate over households that make over $250,000. we will keep you posted on details. the prime-time programming schedule looks like this. we will update the latest on the discussions at 8:00 eastern. then russian president vladimir putin. and a program we will show you from the american bar association, a discussion on threats to the nation's infrastructure. >> my inspiration was that i wanted to explain how utilitarianism happens. we know the story of the cold war. we know the documents, we have seen the archives that describe relationships between roosevelt, stalin, truman. we know the main events from our point of view. i wanted to show the different angle, from the ground up. what did it feel like to be subjected to this system? how did people make choices, how did they react, how did they behave? the region that we used to call -- it is no longer -- and they no longer have much in common except the communist occupation. >> more on life in soviet east germany,
according to news reports, president obama and house speaker boehner meeting to talk about the fiscal cliff. there is a stalemate over households that make over $250,000. we will keep you posted on details. the prime-time programming schedule looks like this. we will update the latest on the discussions at 8:00 eastern. then russian president vladimir putin. and a program we will show you from the american bar association, a discussion on threats to the nation's infrastructure. >> my...
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Dec 12, 2012
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speaker boehner said he is waiting on president obama to outline spending cuts. this is a kind of strange thing for the speaker to say. president obama outlined very specific cuts in his proposal to the republicans. republicans have not offered anything specific in cuts whatsoever. of course, nothing specific in revenue whatsoever. all generalizations. the republicans want more spending cuts. tell us what you want. that is what i say to them. we cannot read their minds. we are not going to make a proposal for them. republicans know perfectly well that democrats are willing to make tough choices on these issues, if they understand, which i hoped they do by now, we are going to look out for the middle class first. the only thing standing in the way of an agreement is republicans, their insistence on holding tax cuts for middle- class families hostage to bring on the fiscal cliff. there is a lot of bluster coming from republicans, but that is crumbling quickly. every day, we read about more republicans breaking ranks, calling out the speaker to allow tax rates to ri
speaker boehner said he is waiting on president obama to outline spending cuts. this is a kind of strange thing for the speaker to say. president obama outlined very specific cuts in his proposal to the republicans. republicans have not offered anything specific in cuts whatsoever. of course, nothing specific in revenue whatsoever. all generalizations. the republicans want more spending cuts. tell us what you want. that is what i say to them. we cannot read their minds. we are not going to make...
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president obama, house speaker john boehner breaking the ice. >> that's good news, right? >> the two leaders discussing the fiscal cliff by telephone yesterday. no word of significant progress with just 26 days remaining to get a deal done. but there are signs of compromise. oak e oklahoma's republican senator breaking ranks, saying he's okay with raising taxes on the rich. >>> two seizures off the coast of the dominican republic last month, authorities recovering more than 50 bails of coke. it is weighing close to two tons. the drugs had a street value of $45 million. it will now be destroyed. >> are you losing your keys or misplacing your wallet. >> yes. >> there may be a quarter-sized blue tooth enabled button to communicate with a smart phone. >> sneakers, that's hysterical. >> the app will have a radar feature if they're getting warmer or colder. >> my blackberry charger. that's what i need it for. >> it just has to tell you where it is. >>> a sticky situation on a highway. in new hampshire, a tractor-trailer loaded with a cargo of maple syrup overturned on the inters
president obama, house speaker john boehner breaking the ice. >> that's good news, right? >> the two leaders discussing the fiscal cliff by telephone yesterday. no word of significant progress with just 26 days remaining to get a deal done. but there are signs of compromise. oak e oklahoma's republican senator breaking ranks, saying he's okay with raising taxes on the rich. >>> two seizures off the coast of the dominican republic last month, authorities recovering more than...
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>> this is a total betrayal for the people who voted for obama. it's what a lot of people have been worried about. people who make $100 million a year salary, 80 of them in the country pay the same rate as someone who makes $40,000. there should be more tax rates. secondly, raising the medicare age, it's a terrible thing to do. it doesn't save money, it costs money. for people who don't have office jobs like we do, it's a death sentence for them. this is awful. obama won by 5 million votes. 3 million vote margin for bush in 2008. a margin of one in 2000 where he lost the popular vote and the republicans are saying the man has a mandate. we must give him what he wants. i'm sorry, he has a mandate, do what it is. people have been calling on the phone and writing saying stand firm or we'll put other people in next time around. >> we were talking about this before. i wonder, is there a way of looking at this where it's part of the political process, part of the negotiating process where this gets leaked, put out there and it may not be the white house
>> this is a total betrayal for the people who voted for obama. it's what a lot of people have been worried about. people who make $100 million a year salary, 80 of them in the country pay the same rate as someone who makes $40,000. there should be more tax rates. secondly, raising the medicare age, it's a terrible thing to do. it doesn't save money, it costs money. for people who don't have office jobs like we do, it's a death sentence for them. this is awful. obama won by 5 million...
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house speaker john boehner says he's waiting for president obama to identify the spending cuts he's willing to make. in business news, delta airlines is purchasing a 49% stake in british airline virgin atlantic at a cost of $360 million. delta is trying to boost its share of new york to london market. but airlines would share money from the flights operated under the partnership. those are some of the latest debt lines on c-span radio. [video clip] >> give it to him hard. >> he is not safe on the bus. >> i've been on the bus. they are just as good as gold. >> all of us in this country are starting to see people coming out and talking about their experience of this phenomenon that so many of us have experienced in one way or another and had had no words for, other than adolescents, other than growing up. people are finally starting to stand back and say this is not actually a normal part of growing up. this is not a normal right of passage. i think there was a moment where there was a possibility for change. the director and buy it decided to start the film out of that feeling that v
house speaker john boehner says he's waiting for president obama to identify the spending cuts he's willing to make. in business news, delta airlines is purchasing a 49% stake in british airline virgin atlantic at a cost of $360 million. delta is trying to boost its share of new york to london market. but airlines would share money from the flights operated under the partnership. those are some of the latest debt lines on c-span radio. [video clip] >> give it to him hard. >> he is...
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but house speaker john boehner is staying behind, ready to sit down and negotiate with the president. we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues on the table are going to come from guess who? the rich. >> reporter: they say if the bush-era tax cuts aren't extended for everyone, it will hurt everyone. and they invited people here to make their point. >> reporter: max olson opened an insurance company this year and is concerned he won't be able to add employees. >> you add their payrolls, plus an extra tax amount, then i may not be able to hire them because of it. >> reporter: president obama pressed his case tuesday, with ceos from some of the largest companies. >> i'm here to tell you, nobody wants to get it done more than me. >> reporter: the president wants to raise taxes on just about everyone in the room to balance the budget. >> we're not insisting on ra
but house speaker john boehner is staying behind, ready to sit down and negotiate with the president. we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making $250,000 a year. the gop is offering to close tax loopholes and limit deductions instead. >> the revenues on the table are going to come from guess who? the rich. >> reporter: they say if the bush-era tax cuts...
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. >> shortly after the house committee session, house speaker john boehner spoke briefly about the negotiations to avoid this it -- the so-called fiscal cliff terry he and president obama spoke on the phone this evening after both sides exchanged new proposals. >> most of it was based on testimony given last dear -- lasest year. we have to cut spending. he is right. washington has a spending problem. we are broke. approach. a lot of people know that the president and i met on sunday. it was a nice meeting. it was cordial. we're still waiting for the white house to see what spending cuts the predent is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process the closer our economy gets fought fiscal cliff. -- gets to the fiscal cliff. here's what we know. we know that the president wants more stimulus spending and an increase in the debt limit without any cuts or reforms. that's not fixing our problem. frankly, it's making it worse. on top of that, the president wants to rais
. >> shortly after the house committee session, house speaker john boehner spoke briefly about the negotiations to avoid this it -- the so-called fiscal cliff terry he and president obama spoke on the phone this evening after both sides exchanged new proposals. >> most of it was based on testimony given last dear -- lasest year. we have to cut spending. he is right. washington has a spending problem. we are broke. approach. a lot of people know that the president and i met on...
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Dec 10, 2012
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can pass both the house and the senate. withdrawing from the recommendations of the simpson- bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from higher taxes for every dollar of spending cuts, yet the president wants more revenue and fewer spending cuts. if we fell off the cliff, his plan calls for another round of stimulus spending. you have got to be kidding me. what the president's plan lacks is any reform in o
can pass both the house and the senate. withdrawing from the recommendations of the simpson- bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they...
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Dec 8, 2012
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construction in california and the obama administration's high-speed rail program. transportation secretary ray la hood testifies about the $10 billion already spent with the goal of providing 80% of americans with access to high-speed rail within 25 years. this is just over three hours. >> good morning. like to call this hearing to order. today is another one of our hearings and focused on passenger rail in the united states, and this is an oversight hearing, which we conduct at the full committee level. pleased to welcome everyone to this hearing, and this opportunity to review the progress of high-speed rail in particular today, and the title of the hearing is, an update on the high-speed rail and inner city passenger rail program, mistakes made and lessons learned is the title. the order of business is we're going to hear members' opening statements from the committee. then our first panel will actually be two members who we'll welcome and hear their commentary, both of them from kaz, -- from california, leaders in the congress, we're pleased to welcome. and the
construction in california and the obama administration's high-speed rail program. transportation secretary ray la hood testifies about the $10 billion already spent with the goal of providing 80% of americans with access to high-speed rail within 25 years. this is just over three hours. >> good morning. like to call this hearing to order. today is another one of our hearings and focused on passenger rail in the united states, and this is an oversight hearing, which we conduct at the full...
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Dec 6, 2012
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house speaker john banner. treasury secretary says that the administration will absolutely let the double whammy take effect as scheduled on less republicans give and to president obama as the man to raise tax rates at all where income levels. geiger says the problem is too big to be solved without raising tax rates on the wealthy. he drew a fierce response from republicans saying that the statement was stunning and irresponsible. egest republic golegest republis ordered protesters supporting and opposing president mohammed morsi to leave the area around the presidential palace that has been the site of fierce clashes. the guard gave broad protesters on both sides time to clear out. >> the death toll from the typhoon hit the southern philippines has climbed to 350 people today. it hit hardest in the southern philippines where entire families were washed away. and the four injured people are still missing. nato has called on north korea to cancel its plans for a second rocket launch. ambassador stated yesterday
house speaker john banner. treasury secretary says that the administration will absolutely let the double whammy take effect as scheduled on less republicans give and to president obama as the man to raise tax rates at all where income levels. geiger says the problem is too big to be solved without raising tax rates on the wealthy. he drew a fierce response from republicans saying that the statement was stunning and irresponsible. egest republic golegest republis ordered protesters supporting...
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republicans say they're waiting on a counteroffer from the white house. back to you. dennis: should republicans hold out and let us go over the fiscal click? john brown of euro pacific capital is with us and former adviser to british prime minister margaret thatcher and he joins us with his take. thanks for being with us. do you think we are going over the cliff? >> cliff of sorts. the fiscal cliff was created by politicians who lack the courage to do the best for the american people. and already has done severe damage to the economy. now we have democrats who want to suck money out of the economy in tax and we have rhino republicans in name only who wants spending cuts. both those things will do damag% to the economy and any compromise will damage the economy and push it further into deep recession. neither side discusses the real problem which is the enormous costs of big government. cost in money and regulations and intrusion. neither side discusses that because they are career politicians and big government is their career. dennis: what should republicans do? shou
republicans say they're waiting on a counteroffer from the white house. back to you. dennis: should republicans hold out and let us go over the fiscal click? john brown of euro pacific capital is with us and former adviser to british prime minister margaret thatcher and he joins us with his take. thanks for being with us. do you think we are going over the cliff? >> cliff of sorts. the fiscal cliff was created by politicians who lack the courage to do the best for the american people. and...
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obama-friendly business groups given great access to the white house. guest: we bring business leaders from around the country to work on health care reform, immigration reform, the fiscal cliff, intellectual property protection and the business leaders are speaking for themselves. generally speaking, business leaders are centrists. they're data driven, results oriented. and they are looking for compromise in washington. state proobama group? a republican group? it's its own group. host: who are some of the names people might recognize or c.e.o.'s of which companies that have talked to the president? guest: i think the effort that the white house has made this year is much larger than i think much more effective than last year. they're bringing in more people with business forward but with a lot of other organizations as well. the president spoke to financial services leaders, brought in i think at least two groups of big-name c.e.o.'s. what we're talking about is business leaders from local markets. six out of 0 people who participate in business forwa
obama-friendly business groups given great access to the white house. guest: we bring business leaders from around the country to work on health care reform, immigration reform, the fiscal cliff, intellectual property protection and the business leaders are speaking for themselves. generally speaking, business leaders are centrists. they're data driven, results oriented. and they are looking for compromise in washington. state proobama group? a republican group? it's its own group. host: who...
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. >>> we just -- we just got an updated schedule for president obama. the white house says the president will visit the home of a family in northern virginia this afternoon to talk about the impact of letting taxes go up on middle-class americans. it's another attempt by the president to put pressure on congress to extend expiring tax cuts for the middle class while letting tax rates go up for upper-income americans. the white house says the family in virginia responded to the president's my2can campaign. >>> the standoff over the fiscal cliff is putting jobs here in california and alison burns has more on this. >> reporter: and secretary panetta has warned the fiscal cliff would hurt our national defense. he's expected to hold a news conference any minute now. he's getting the order from the white house to brace for massive budget cut us. now, the automatic spending cuts that would kick in if congress does not reach an agreement on the fiscal cliff would force the pentagon to slice about 10% of the budget. the defense industry projects one in five defe
. >>> we just -- we just got an updated schedule for president obama. the white house says the president will visit the home of a family in northern virginia this afternoon to talk about the impact of letting taxes go up on middle-class americans. it's another attempt by the president to put pressure on congress to extend expiring tax cuts for the middle class while letting tax rates go up for upper-income americans. the white house says the family in virginia responded to the...
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afterwards the obamas and dog bo will give a tour of the white house. hundreds of people are already gathering at the state capital in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not about economics and has everything to do with politics. taxpayers have now made a total of about $22.7 billion overall from the government's investment in the bank rescue. aig is now fully private again. and the british bank is going to pay the u.s. a $1.9 billion penalty for breaking u.s. sanction laws. they have transferred money through the u.s. to drug car tails and nations like iron. the sweatshirt is nice and all but i could use a golden lasso. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation. >> she gets the comedians
afterwards the obamas and dog bo will give a tour of the white house. hundreds of people are already gathering at the state capital in lancing, michigan as the city prepares for what could be the largest demonstration in history. the legislature has now rushed through right to work legislation, and governor rick snyder is expected to sign it today. police are on hand and limbed the number of people allowed in the common areas of the capitol. president obama said the right to work bill is not...
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. >> in his weekly white house address this morning, president obama responded to boehner's remark. >> i'm willing to make more entitlement spending cuts on top of the one trillion dollars in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >>> holiday hiring may have given a big boost to the jobs report released yesterday. retail hirers hired more people than any month on record since 1939. 146,000 jobs were added to the economy last month, and the unemployment rate fell to a four-year low of 7.7% partly because thousands have just simply stopped looking for work. >>> more good news for your wallet. gas prices are down to an average of $3.36. it is the 16th consecutive time the price has dropped. the highest price for a gallon of regular is in high wher
. >> in his weekly white house address this morning, president obama responded to boehner's remark. >> i'm willing to make more entitlement spending cuts on top of the one trillion dollars in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the...
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president obama and house speaker john boehner spoke about it on the phone with one another. that discussion came as treasury secretary tim geithner confirmed mr. obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of coal to the offices of both of their state's u.s. senators. but security guards met them outside of republican saxby chambliss' office. eventually, a few were let inside, but without the camera and media present. of course. that would have been the real story. >> folks are upset now. see what happens january 1 after you get the first paycheck and go, oh, this is what the fiscal cliff meant. yeah. whoo, 2013. >>> all right. the next story involves a new grassroots campaign that is starting. meant to draw attention to the nation's debt crisis. it is our "favorite story of the day." the campaign is called -- "the can kicks back." >> the campaign is aimed at young people and fe
president obama and house speaker john boehner spoke about it on the phone with one another. that discussion came as treasury secretary tim geithner confirmed mr. obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of coal to the offices of both of their state's u.s. senators. but security guards...
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just about 20 minutes ago, house speaker john boehner said he and president obama remain very far apart in the fiscal cliff negotiations. political reporter jamie dupree joins us via skype from washington, d.c. you said there's two words we are not likely to hear and we haven't heard in any of this fiscal cliff debate. >> reporter: yeah, balanced budget. in all of the talks we've heard about the fiscal cliff, we've heard about balance and new tax revenue. but we don't hear balanced a budget. i think -- balanced budget. i think this speaks to how bad the situation is in the federal government when both parties don'tage knowledge that. as for -- don't acknowledge that. as for what's going on, just downstairs from me, speaker boehner started throwing cold water on any report that the talks were moving ahead. yes, there have been an exchange of offers. he said the last couple of days, but he said his phone call last night was a frank discussion about just how far apart they are. with 19 days left until the deadline or nine days until the end of the world, if you are look at the mine cardina
just about 20 minutes ago, house speaker john boehner said he and president obama remain very far apart in the fiscal cliff negotiations. political reporter jamie dupree joins us via skype from washington, d.c. you said there's two words we are not likely to hear and we haven't heard in any of this fiscal cliff debate. >> reporter: yeah, balanced budget. in all of the talks we've heard about the fiscal cliff, we've heard about balance and new tax revenue. but we don't hear balanced a...